UK-based LNG giant Shell and its LNG Canada partners have made a final investment decision on the project’s second phase, which will double production capacity at the facility in Kitimat, British Columbia.
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Australian LNG player Santos and its GLNG joint venture partners have entered into binding agreements to purchase 100 percent of the Greater Meridian CSG project in Queensland for approximately $310 million.
Shell CEO Wael Sawan confirmed on Thursday that the company and its LNG Canada partners expect to take a final investment decision on the second phase of the project by the end of this year.